Digital Edge Raises Over $1.6 Billion to Fuel Expansion Across Asia
Singapore-based data centre company Digital Edge announced on Monday that it had successfully raised over $1.6 billion in new capital through a mix of equity and debt financing. This funding is intended to drive the company’s growth as it expands to meet the surging demand for cloud and artificial intelligence services across Asia.
The capital raised includes approximately $640 million in equity investment from both existing and new investors, as well as $1 billion in debt financing. Digital Edge is a portfolio company of Stonepeak, a New York-based investment firm with a focus on infrastructure and real assets.
Since its establishment in 2020, Digital Edge has rapidly expanded its footprint, currently operating 21 data centres with more than 500 megawatts of capacity in service or under construction. The company is also developing an additional 300 megawatts of capacity for future use across multiple Asian countries, including Japan, Korea, India, Malaysia, Indonesia, and the Philippines.